INDUSTRY EVENTS
Look For NEW Events Posted Since The Last Issue!
INDUSTRY NEWS
National mortgage lender Quicken Loans says it can now offer electronic mortgage closings in all 50 states.

It’s probably safe to say Spencer Penrose was a man accustomed to getting what he wanted, and on that fateful, apocryphal, night in 1890-something Colorado Springs, what “Speck” Penrose wanted was a drink.

New York Now Requires Names Of All Members Of LLCs Selling Or Buying Residential Property - Real Estate and Construction - United States Mondaq News Alerts

On September 17, 2019, the Committee on Foreign Investment in the United States (CFIUS or the Committee) issued proposed regulations implementing the remaining aspects of the Foreign Investment Risk Review and Modernization Act of 2018 (FIRRMA), including a new set of regulations addressing FIRRMA’s expansion of CFIUS jurisdiction into certain previously uncovered real estate transactions.

The Church of the Redeemer, at Pacific and Fourth Avenues in Brooklyn, had been closed to the public since 2010.

NYC real estate sales saw a steep drop in the third quarter, thanks to new taxes on high-priced properties.

LEGAL NEWS
In Mary et al. QEP Energy Company the question was, given an encroachment of a pipeline onto the property of another, what is the test for determining the good faith, or not, of the party in possession?

The Court of Appeals of Nebraska recently held that an insured owner was not entitled to coverage when a lender foreclosed on its property based on a prior mortgage that the insured had assumed and that was excepted in the policy, even if the foreclosure was initiated based on the mortgage’s cross-default provision and caused by the prior owner’s default on a separate loan not mentioned in the policy. 

A time-lapse of the sun going down over Ramapo Lake in Wanaque and Oakland, N.J. in October 2013.

The use of title insurance has become a typical aspect of commercial and residential transactions. The benefits of title insurance include protecting an insured against title and other defects.

The United States District Court held that a prior recorded condominium lien had priority over a federal tax lien but only to the extent of the amount stated in the lien notice. So make sure you get everything you should in your lien filing.

Uh-oh. Your title underwriter just emailed to say that a title claim has been filed against your company. You feel ill. But wait, “is there a DOCTOR in the house?” Yes! There is a Juris Doctorate in the house to share her decades of experience handling title claims with you.

TECHNOLOGY & SOCIAL MEDIA
Over the last several years we’ve witnessed a surge in startup formation and venture funding across nearly every aspect of real estate. In 2018, VCs funneled $3.6B into real estate technology companies, and 2019 has shown no signs of a slow down — more than $5B has been invested through the first three quarters of the year.

How email became the weakest link...

WORLD NEWS
In Scotland, we are in a period of transition between two systems of registration of title to land and buildings, and have been so for the last 40 years. The first system is the old General Register of Sasines, which has been in existence since the 1600s. 

TITLE AGENCY & PEOPLE IN THE NEWS
Tammy Hankins, Executive Director of Humane Society of Wickenburg (left) receives check for $1,000 donation from Kayla Ricke on behalf of Pioneer Title of Wickenburg.

Fairview woman reaches plea deal in insurance fraud case.

Title Agents Go Nationwide
For agents interested in growing their businesses by expanding into multiple states, we’re here to make the process simple and profitable. We offer you one point of contact to streamline your options and solutions...

OTHER TRENDING NEWS
Tis’ the season for ghosts, ghouls, goblins, and it seems there’s no one who loves the Halloween season more than Lansing-based agent James Pyle, whose listing photos went viral on Zillow and other social media sites over the weekend.

Colorful little homes are springing up alongside an arid freeway bank in the Dexter-Linwood neighborhood here, a few miles northwest of downtown. 

There's nothing better than traveling like a local, and when you're heading to a city, one of the best ways to experience a place is by visiting a cool neighborhood.

Marianne Mathieu, NTP
Vice President/National Agency Accounts
Fidelity National Title Group
(347) 987-0677